Balance Sheet Details

3 Months Ended

Jan. 01, 2022

BALANCE SHEET DETAILS

Inventories consist of the following (in thousands):


	January 1, 2022		October 2, 2021
Purchased parts and assemblies	$	116,515	$	107,965
Work-in-process	165,503		168,775
Finished goods	111,611		115,501
Total inventories	$	393,629	$	392,241

Prepaid expenses and other assets consist of the following (in thousands):


	January 1, 2022		October 2, 2021
Prepaid and refundable income taxes	$	37,778	$	34,979
Other taxes receivable	15,830		15,568
Prepaid expenses and other assets	46,781		29,047
Total prepaid expenses and other assets	$	100,389	$	79,594

As of January 1, 2022 and October 2, 2021, the allowance for credit losses on our trade receivables was $4.2 million and $4.4 million, respectively.

Other assets consist of the following (in thousands):


	January 1, 2022		October 2, 2021
Assets related to deferred compensation arrangements	$	29,740	$	37,410
Deferred tax assets	159,616		153,685
Right of use assets, net - operating leases (see Note 11)	72,312		76,670
Right of use assets, net - finance leases (see Note 11)	—		26
Other assets	15,264		14,780
Total other assets	$	276,932	$	282,571

Other current liabilities consist of the following (in thousands):


	January 1, 2022		October 2, 2021
Accrued payroll and benefits	$	76,359	$	101,380
Operating lease liability, current (see Note 11)	14,755		15,230
Finance lease liability, current (see Note 11)	—		22
Deferred revenue	28,662		30,081
Warranty reserve	29,784		31,057
Accrued expenses and other	33,083		41,156
Customer deposits	26,253		19,364
Total other current liabilities	$	208,896	$	238,290

Components of the reserve for warranty costs during the first three months of fiscal 2022 and 2021 were as follows (in thousands):


	Three Months Ended
	January 1, 2022		January 2, 2021
Beginning balance	$	31,057	$	35,032
Additions related to current period sales	8,360		7,484
Warranty costs incurred in the current period	(9,323)		(9,217)

Adjustments to accruals related to foreign exchange and other	(310)		1,190
Ending balance	$	29,784	$	34,489

Other long-term liabilities consist of the following (in thousands):


	January 1, 2022		October 2, 2021
Long-term taxes payable	$	12,470	$	17,634
Operating lease liability, long-term (see Note 11)	61,852		65,479

Deferred compensation	31,904		39,693
Defined benefit plan liabilities	43,429		44,110
Deferred tax liabilities	19,294		19,356
Deferred revenue	15,651		15,959
Asset retirement obligations liability	5,431		5,991
Other long-term liabilities	1,210		4,508
Total other long-term liabilities	$	191,241	$	212,730